Bank of America Merrill Lynch

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  Top Portfolio Products: Baird Launches Fund; Fidelity Adds Two

  By Marlene Y. Satter, AdvisorOne  |  May 14, 2012

  New products introduced over the last week include a new small-cap value fund from Baird; two new funds from Fidelity; and three new investment managers and sixteen new funds for The Hartford’s defined contribution retirement program offerings.

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  PIMCO’s Gross Slashes Emerging-Market Debt Position

  By John Sullivan, Advisorone  |  May 10, 2012

  Bill Gross is making some moves. After tweeting Tuesday that the U.S. was “getting closer” to QE3, Gross, who runs the world’s biggest bond fund, cut his holdings of emerging-market debt to a two-year low.

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  10 Market Rules to Remember: An Economist’s Reminder

  By John Sullivan, Advisorone  |  May 3, 2012

  Borrowing heavily from his predecessor at Merrill Lynch, David Rosenberg laid out his market outlook by framing it within Bob Farrell’s famous “10 Market Rules to Remember.”

• Broker Exits Spur Recruiting Shift

  By Janet Levaux, AdvisorOne  |  April 25, 2012

  The movement of financial advisors out of the wirehouses has continued in early 2012, experts say, and should put Merrill Lynch and Morgan Stanley on notice.

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  Krawcheck Seeks to Open Gold to the Masses at GBI

  By Janet Levaux, AdvisorOne  |  April 20, 2012

  The former head of BofA-Merrill isn't pushing gold but better portfolio options, says an executive at Gold Bullion International.

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  BofA to Sell Merrill’s Foreign Wealth Units, Report Says

  By Janet Levaux, AdvisorOne  |  April 18, 2012

  BofA is trying to raise $3 billion through the overseas sale, according to Reuters, but that could lead to some flight among U.S. advisors.

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  Wells Fargo’s Burgeoning FiNet ‘Well Positioned’ to Draw Breakaways

  By Janet Levaux, AdvisorOne  |  April 17, 2012

  "Providing quality advisors with the choice and flexibility they want and need to be as successful as possible is central to our mission," Wells Fargo Advisors Financial Network President John Peluso said.

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  Citi Reports Record Revenue Led by International Transactions

  By Pallavi Gogoi, AP Business Writer  |  April 16, 2012

  The bank said Monday that it made $2.9 billion in the first three months of the year, or 95 cents per share, which includes a $1.3 billion accounting charge that Citi took because the value of its debt increased.

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  Wirehouse Shuffle Brings 4 Merrill, Morgan Teams to UBS

  By Janet Levaux, AdvisorOne  |  April 13, 2012

  These recruited reps should move over with more than $1.6 billion in assets and $9.2 million in annual production.

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  Morgan Stanley Grabs UBS Team; Loses Reps to Merrill, Others

  By Janet Levaux, AdvisorOne  |  March 30, 2012

  Threat of credit downgrade shouldn’t hurt its recruiting power, experts say